I’m still holding my BANK position; I haven’t closed it even though I’ve seen a 5,000% profit.
The reason is that I’m certain it will drop. However, it’s just had its final rally. I’ll continue to take short positions by increasing my position size.
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ERA had been quietly moving along for quite some time. Today, it’s back in the spotlight. It’s drawn attention once again by climbing to the top spot on the gainers list.
The rally could continue up to $0.17. The funding rate is at -0.64. DYOR
I shared my analysis of BANK with you earlier; I mentioned that I expected the price to continue rising for a while longer, but that I believed a decline would follow.
The rally has continued over the past two days, but I sense that the momentum is slowing down. That’s why I’ll start building a short position soon.
AKE has risen more than 10x in about a week. People are still ignoring it.
It’s holding onto the top spot on the gainers list; the only downside is that funding rates have continued to stay in positive territory. While this worries me, I think it will continue.
Let me explain the right time for LAB to you. There was a major lock-up expiration, and now they’re waiting for those who bought during that period to sell.
Once the majority of those sales have taken place, I think the price will rise again.
My estimate is that it will go up by at least 500% next week. DYOR